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Ex Ceo

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business2 years ago

Ex-SVB CEO apologizes for bank collapse caused by rumors and misconceptions.

The former CEO of Silicon Valley Bank (SVB), Greg Becker, has claimed that "rumours and misconceptions" were to blame for the bank's failure to gain a foothold in the UK market. Becker, who stepped down as CEO earlier this year, said that SVB had struggled to convince UK businesses that it was a viable alternative to traditional banks. Despite this setback, Becker said that he remained optimistic about the future of the bank and its prospects for growth in the UK and beyond.